I shrug my shoulders at all the theatrics that have gone on between the NHL owners and players. Cancelled games and threats of cancelling the Winter Classic and Al-Star games don't mean much. That's because those games can still easily be reinstated and both sides know that. Still they insist on banging those war drums.
To be honest the owners have always be gunning for a 50% split in revenue and they finally came around to putting that on the table last week. As for the players they too now are excepting a 50% split. It's really just the timing now that needs to be agreed upon - how quickly to they get down to 50%. The owners want it in year 1, the players several years later.
So how much is terms of dollars are the parties apart? Probably less than $100 million. So at certain point, and likely soon, the players and owners both stand to lose more than they can possibly gain by holding out. If the average NHL gate is somewhere between $1 and $2 million then once 50 to 100 games are permanently lost, both sides lose money.
It's unlikely that any games are permanently lost yet which is probably why the league has dramatically cancelled 25% of the schedule and threatens more cancellations on Monday. This is a game of chicken. Only the owners know when that point is actually reached. My guess is that once that threshold is really close there will be a new offer tabled by the owners.
So ignore the grandstanding and rhetoric. It's just a lot of background noise.
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